The Experts below are selected from a list of 10578 Experts worldwide ranked by ideXlab platform
Maarten Floris - One of the best experts on this subject based on the ideXlab platform.
-
intra firm transactions what if member states subjected Taxpayers to unlimited income Taxation whilst granting double Tax Relief under a netherlands style Tax exemption
Social Science Research Network, 2011Co-Authors: De Wilde, Maarten FlorisAbstract:In this article, the author examines, through numerical examples, the effects would EU Member States subject Taxpayers – both residents and non-residents – deriving income from domestic sources, to unlimited income Taxation whilst granting double Tax Relief for foreign income under a Netherlands-style Tax exemption. This paper, the third in a series of three, scrutinizes the effects from the perspective of how such an approach would affect the Taxation of cross-border intra-firm transactions. The results show that the approach taken reveals the building blocks for an income Tax system devoid of primary EU law discriminations and restrictions. It is fully consistent with the fundamental freedoms. The author presented these findings at the 2nd Annual Doctoral Meeting held by the Oxford University Centre for Business Taxation in September 2012.
Kevin A Hassett - One of the best experts on this subject based on the ideXlab platform.
-
marginal Tax rate cuts and the public Tax debate
National Tax Journal, 2002Co-Authors: Charles W Calomiris, Kevin A HassettAbstract:In that the had spring the of primary 2001, President objective of Bush reducing proposed marginal a Tax bill inthat had e rimary objectiv of re ucing ma ginal income Tax rates. In May, a bill that essentially followed the outlines of the Bush proposal became law. The Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) lowered statutory marginal Tax rates for many individual Taxpayers, and these reductions were phased in over many years. During the course of the public policy debate concerning the likely economic impact of EGTRRA, very little reference was made to the public finance literature concerning the likely impact of marginal Tax rate reductions. Instead, proponents of the bill, like the president himself, argued that the reduction in revenue was advisable because it would lower the
Robert Carroll - One of the best experts on this subject based on the ideXlab platform.
-
the 2001 and 2003 Tax rate reductions an overview and estimate of the Taxable income response
National Tax Journal, 2008Co-Authors: Gerald Auten, Robert Carroll, Geoffrey GeeAbstract:The Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA) incorporated the main elements of the Bush Administrati...
-
the economic growth and Tax Relief reconciliation act of 2001 overview and assessment of effects on Taxpayers
National Tax Journal, 2002Co-Authors: Donald W Kiefer, Robert Carroll, Janet Holtzblatt, Allen Lerman, Janet Mccubbin, David Richardson, Jerry TempalskiAbstract:During the 2000 presidential campaign, then–Governor George W. Bush promised that, if elected, he would cut marginal Tax rates, reduce marriage penalties, expand the child Tax credit, and eliminate the estate Tax. In May 2001, Congress enacted the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA), which contains many elements of the original Bush campaign proposal. This paper provides a brief summary of the key provisions in EGTRRA. It also contains estimates and discussion of EGTRRA’s most significant effects on Taxpayers. EGTRRA differs from recent Tax legislation in several key regards. First, most of the major provisions in EGTRRA directly or indirectly reduce marginal Tax rates. Second, individuals’—not corporations—are the direct beneficiaries of most of the Act’s Tax cuts. Third, EGTRRA’s major provisions are phased in over a longer time period than in previous bills. Finally, the entire Act “sunsets” at the beginning of 2011, meaning that the Tax system reverts to prior law on January 1, 2011. A sunset provision was included to avoid a “budget point–of–order” in the Senate, which would have been triggered by the legislation if it lost revenue in the years beyond the budget period (after 2011). Most of the estimates contained in the paper are derived using the Treasury Department Individual Tax Model (ITM) and are based on “fully phased–in law.” The ten–year budget period traditionally is used as a proxy for fully phased–in law. During 2001, the end of the period was 2011. To be consistent with that norm, the estimates of the fully phased–in effects of EGTRRA are done for 2011, notwithstanding the fact that the Act’s provisions sunset at the beginning of that year. Projected 2002 income and population levels (rather than 2011 levels) are used to provide estimates that are more easily interpreted, given their similarity to current income and population levels. Not all of the estimates in the paper are done in this manner. In particular, the estimates showing the effects of the alternative minimum Tax (AMT) show the effects each year, and are based on actual law and projected income and population levels for each year. Each set of estimates in the paper is accompanied by a brief discussion of the assumptions underlying them. The Economic Growth and Tax Relief Reconciliation Act of 2001: Overview and Assessment of Effects on Taxpayers
Jerry Tempalski - One of the best experts on this subject based on the ideXlab platform.
-
the economic growth and Tax Relief reconciliation act of 2001 overview and assessment of effects on Taxpayers
National Tax Journal, 2002Co-Authors: Donald W Kiefer, Robert Carroll, Janet Holtzblatt, Allen Lerman, Janet Mccubbin, David Richardson, Jerry TempalskiAbstract:During the 2000 presidential campaign, then–Governor George W. Bush promised that, if elected, he would cut marginal Tax rates, reduce marriage penalties, expand the child Tax credit, and eliminate the estate Tax. In May 2001, Congress enacted the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA), which contains many elements of the original Bush campaign proposal. This paper provides a brief summary of the key provisions in EGTRRA. It also contains estimates and discussion of EGTRRA’s most significant effects on Taxpayers. EGTRRA differs from recent Tax legislation in several key regards. First, most of the major provisions in EGTRRA directly or indirectly reduce marginal Tax rates. Second, individuals’—not corporations—are the direct beneficiaries of most of the Act’s Tax cuts. Third, EGTRRA’s major provisions are phased in over a longer time period than in previous bills. Finally, the entire Act “sunsets” at the beginning of 2011, meaning that the Tax system reverts to prior law on January 1, 2011. A sunset provision was included to avoid a “budget point–of–order” in the Senate, which would have been triggered by the legislation if it lost revenue in the years beyond the budget period (after 2011). Most of the estimates contained in the paper are derived using the Treasury Department Individual Tax Model (ITM) and are based on “fully phased–in law.” The ten–year budget period traditionally is used as a proxy for fully phased–in law. During 2001, the end of the period was 2011. To be consistent with that norm, the estimates of the fully phased–in effects of EGTRRA are done for 2011, notwithstanding the fact that the Act’s provisions sunset at the beginning of that year. Projected 2002 income and population levels (rather than 2011 levels) are used to provide estimates that are more easily interpreted, given their similarity to current income and population levels. Not all of the estimates in the paper are done in this manner. In particular, the estimates showing the effects of the alternative minimum Tax (AMT) show the effects each year, and are based on actual law and projected income and population levels for each year. Each set of estimates in the paper is accompanied by a brief discussion of the assumptions underlying them. The Economic Growth and Tax Relief Reconciliation Act of 2001: Overview and Assessment of Effects on Taxpayers
Geoffrey Gee - One of the best experts on this subject based on the ideXlab platform.
-
the 2001 and 2003 Tax rate reductions an overview and estimate of the Taxable income response
National Tax Journal, 2008Co-Authors: Gerald Auten, Robert Carroll, Geoffrey GeeAbstract:The Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA) incorporated the main elements of the Bush Administrati...
